- 9
- 2
- 2
- 495.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1185.00
Property description
- High-Yield Investment Opportunity | Student Accommodation in Westdene
Price: R 2 800 000
Looking for a high-performance asset to add to your portfolio? This property is strategically located in the heart of Westdene, just a stone's throw from several major varsity campuses. With the massive demand for student housing in the area, this is a "set and forget" investment with incredible upside.
- Current Configuration & Income
Monthly Gross Return: R 28 500.00
Fully Let: The property is currently occupied, ensuring immediate cash flow from day one.
Massive Capacity: The main house boasts 9 spacious rooms with convenient ablution facilities located on each floor.
Income Security: Final rental yields are being finalized as students return for the new academic year—secure the property now as leases are being signed!
- The "Value-Add" Play
This isn't just a standard rental; it’s an opportunity to force appreciation and maximize your ROI:
Untapped Potential: An outbuilding featuring a room with an en-suite bathroom is already in place and just needs completion. Once renovated, this will generate an additional R 4 000.00 per month in rental income.
Reconfiguration: Two of the "massive" existing rooms offer enough footprint to be partitioned, potentially increasing the total room count even further.
Cosmetic Upside: A few cosmetic upgrades will bring this property into pristine condition, allowing for premium rental rates in the future.
Key Highlights
Prime Location: Walking distance to campuses—the #1 priority for student tenants.
Scalable: Multiple avenues to increase the current rent roll.
High Demand: Westdene remains a hotspot for student accommodation investors.
Investor’s Note: With the academic year kicking off and huge interest already mounting, this property will move fast. Don't wait for the "Sold" sign.
Secure your next high-yield asset today.
Property Details
- 9 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Dining Area
Property Features
- Access Gate
- Entrance Hall
- Garden
| Bedrooms | 9 |
| Bathrooms | 2 |
| Garages | 2 |
| Erf Size | 495.0 m2 |
